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Compliance Financial Performance
Meghalaya

Report No. 2 of 2013 - Performance Audit on Revenue Sector of Government of Meghalaya

Date on which Report Tabled:
Wed 09 Oct, 2013
Date of sending the report to Government
Government Type
State
Sector Taxes and Duties,Finance,Transport & Infrastructure,Power & Energy,Environment and Sustainable Development

Overview

This Report contains 31 paragraphs and one Performance Audit relating to under assessments/non-realisation/short realisation of penalties, taxes, duties etc. The total money value involved is RS 444.93 crore. During the year 2011-12, the total revenue raised by the State Government 1065.78 crore) was 22.90 per cent of the total revenue receipts (RS 4,654.47 crore). The balance 77.10 per cent of receipts during 2011-12 comprised of State's share of divisible taxes and duties amounting to RS 1.044.19 crore and grants-in-aid amounting to RS 2,544.50 crore. The revenue raised by the State Government in 2011-12 as compared to 2010-11 was 22.06 per cent higher.

Test check of the records of taxes on sale, trade etc., state excise, motor vehicles tax, forest receipts and other non-tax receipts conducted during the year 2011-12 revealed under assessments/short/non-levy/loss of revenue amounting to RS 856.79 crore in 222 cases. During the year, the departments accepted under assessments/short/non levy/loss of revenue of RS 187.59 crore in 47 cases pointed out in 2011-12, and recovered RS 0.62 crore.

A Performance audit on "Assessment, Levy and Collection of Tax under the Meghalaya Value Added Tax Act" revealed the following irregularities: Due to lack of clarity on the term 'manufacture' four industrial units claimed exemption/remission of RS 2.82 crore. There was loss of revenue of RS 9.53 crore on sale of coal between October 2010 and March 2012 due to non-inclusion of royalty in the sale price of coal. Four cement manufacturers purchased 5.44 lakh MT of coal valued at RS 165.09 crore on which VAT amounting to RS 6.62 crore was neither paid by the sellers nor by the purchasers.

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